Job rollouts: Tourists take photos of Petronas Twin Towers. Petronas has implemented systemic changes in contract rollouts by focusing on economies of scale and cost efficiency. — AFP
PETALING JAYA: While the reduced volatility in crude oil prices may boost capital expenditure (capex), near-term uncertainties remain in the local oil and gas (O&G) sector, said UOB Kay Hian Research.
The research house noted that Petroliam Nasional Bhd (Petronas) has implemented systemic changes in contract rollouts by focusing on economies of scale and cost efficiency.
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